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The Bank of Mexico extended its monetary easing cycle with an 11th consecutive cut in its benchmark interest-rate, and kept the door open to more reductions in the future im-52999843.jpeg

The Bank of Mexico extended its monetary easing cycle with an 11th consecutive cut in its benchmark interest-rate, and kept the door open to more reductions in the future

Amit Nayak 07/11/2025
The board of governors lowered the benchmark rate by a quarter of a percentage point to 7.25%...
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‘After last week’s meeting, I see monetary policy as barely restrictive, if at all,’ Cleveland Fed leader Beth Hammack says im-90345053.jpeg

‘After last week’s meeting, I see monetary policy as barely restrictive, if at all,’ Cleveland Fed leader Beth Hammack says

Amit Nayak 07/11/2025
The central banker suggested she is skeptical the Fed can opt for further interest-rate cuts, given the...
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Politicians of all stripes invoke the golden age of manufacturing as something lost and easily restored. If only that were true. im-92093892.jpeg

Politicians of all stripes invoke the golden age of manufacturing as something lost and easily restored. If only that were true.

Amit Nayak 06/11/2025
The industrial golden age in the middle of the last century resulted from a convergence of factors...
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Employers said they cut more than a million jobs so far this year, a sharp rise in job losses compared with the same period last year, according to a new report im-17973462.jpeg

Employers said they cut more than a million jobs so far this year, a sharp rise in job losses compared with the same period last year, according to a new report

Amit Nayak 06/11/2025
Report from private consulting firm Challenger, Gray and Christmas shows a sharp rise in job losses in...
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The Bank of England left its key interest rate unchanged, slowing but likely not ending a series of reductions in borrowing costs im-96151980.jpeg

The Bank of England left its key interest rate unchanged, slowing but likely not ending a series of reductions in borrowing costs

Amit Nayak 06/11/2025
The U.K. central bank faces stubbornly high inflation despite a weak economy and a cooling jobs market....
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